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On Sunday, April 14, 2002, 9:21:00 PM, Neal Hughes wrote:
NH> It takes an open mind to study a concept
Agreed - unless we're boring the list, it might be worthwhile
proceeding. It might be better to take it off-list and continue
privately, since this topic has already had complaints. It is, after
all, a quant approach being discussed on an anti-quant list. :-) What
do you think - take it off-list? - move it to a more quant-friendly
list?
NH> Fibonacci is a key component of my trading and it helps me predict
NH> probable turning points frequently and accurately.
I'm still interested in seeing if we can find the probability of
'probable turning points'. Perhaps if you could say what you do
(without revealing more than you want to), it might be possible to
convert that into a better analytical scenario. We had a good start on
that in previous conversations in which I was trying to convert to a
math approach.
A still-key analytical issue is the independence of Fibs from other
factors. See my post "Re[4]: [RT] Fibo predictions" for an attempt to
clarify the question. We might be mixing apples and oranges, and
calling the apples no good if they are alone. :-) What do you think re
my previous post?
ztrader
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